General government gross debt as a share of GDP

(%)

Japan is the top country by government gross debt as a share of GDP in the world. As of 2021, government gross debt as a share of GDP in Japan was 262.5 %. The top 5 countries also includes Venezuela (Bolivarian Republic of), Greece, Sudan, and Eritrea.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).